Question: A deferred variable annuity has a rider that guarantees a minimum amount will be paid to the beneficiary regardless of the value of the account
A deferred variable annuity has a rider that guarantees a minimum amount will be paid to the beneficiary regardless of the value of the account at the death of the annuitant. This type of rider is known as a
A
living benefit
B
death benefit
C
terminal illness benefit
D
lifetime income benefit
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